News

The proportion of advisers intending to leave the industry ahead of Retail Distribution Review (RDR) implementation appears to be levelling out, a survey has suggested.

Automatic enrolment will become the most expensive regulatory change imposed on businesses under the coalition government.

The Financial Services Authority (FSA) has banned a mortgage adviser following his role in a multi-million pound fraud, for which he was sentenced earlier this year.

The Bank of England said it may reconsider the case for cutting interest rates once the impact of the new funding for lending scheme becomes clear.

The Association of Independent Financial Advisers (AIFA) has set out plans to the Treasury on how regulatory fines could be used to transition the Financial Services Compensation Scheme (FSCS) to a pre-funded system.

Wrap platform Novia is to double its regional sales force from ten to 20 before the Retail Distribution Review (RDR), beginning with the appointment of Zurich executive Scott Adams as head of the Scotland region.

The 400,000 people who have dropped out of personal pension saving since 2008 are unlikely to make up the contributions later in life and will face reduced income in retirement, Axa Wealth has warned.

The Treausry has confirmed occupational pension schemes will not be forced to comply with gender neutrality legislation when providing members with annuities.

On-Line Partnership Group is to appoint ex-Tenet commercial director Peter Lane to the role of group commercial director.

David Lawton, acting head of the Financial Services Authority's (FSA's) markets division, has been appointed to the post permanently.